Business

2 May, 08:22

Future values. your wealthy uncle established a $1,000 bank account for you when you were born. for the first 8 years of your life, the interest rate earned on the account was 6%. since then, rates have been only 4%. now you are 21 years old and ready to cash in. how much is in your account? (lo5-1)

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Future values. your wealthy uncle established a $1,000 bank account for you when you were born. for the first 8 years of your life, the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

The President's role in international affairs has decreased since World War II.

Why does Jeremy earn more money than rose?

Place in order the events that start with the right institution being put in place and end with growth. a. More investment in production facilities occurs. b.

Making a larger than required down payment on a given home will

Analyze how the law of demand applies to a recent purchase that you made.

New Questions in Business

True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False

Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.

The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?

Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.

Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.